Sec. Bessent: ‘Hammer of U.S. Treasury’ Will Fall on the Countries Facilitating Iran’s Oil Sales

EXCERPT:

BESSENT: “We want to make clear here today that no one is above the reach of U.S. sanctions, that if they facilitate transactions and are part of the ecosystem that turns Iranian oil into money, into repression, they will be targeted. We find that the best way to engage with countries is through quiet diplomacy and we are level-setting with every country to tell them our expectations. We know who they are. They know who they are. So, when the hammer of U.S. Treasury actions falls upon them, they will have no one to blame but themselves.”